Hong Kong SAR, China - Mattresses; of cellular rubber or plastics, whether or not covered - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Mattresses; of cellular rubber or plastics, whether or not covered - Market Analysis, Forecast, Size, Trends and Insights

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Price for Mattresses of Cellular Rubber or Plastics in Hong Kong SAR - 2023

Contents:

  1. Price for Mattresses of Cellular Rubber or Plastics in Hong Kong SAR (CIF) - 2023
  2. Price for Mattresses of Cellular Rubber or Plastics in Hong Kong SAR (FOB) - 2022
  3. Imports of Mattresses of Cellular Rubber or Plastics in Hong Kong SAR
  4. Exports of Mattresses of Cellular Rubber or Plastics in Hong Kong SAR

Price for Mattresses of Cellular Rubber or Plastics in Hong Kong SAR (CIF) - 2023

In November 2023, the average import price for mattresses of cellular rubber or plastics amounted to $30.4 per unit, shrinking by -21% against the previous month. In general, the import price continues to indicate a deep contraction. The growth pace was the most rapid in October 2023 when the average import price increased by 21% against the previous month. The import price peaked at $60.0 per unit in January 2023; however, from February 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($64.7 per unit), while the price for China ($25.0 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Vietnam (-0.0%), while the prices for the other major suppliers experienced a decline.

Price for Mattresses of Cellular Rubber or Plastics in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for mattresses of cellular rubber or plastics amounted to $68 per unit, surging by 6.4% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 57% against the previous year. The export price peaked at $87 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($245 per unit), while the average price for exports to the United States ($20 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mattresses of Cellular Rubber or Plastics in Hong Kong SAR

In 2022, after three years of growth, there was significant decline in supplies from abroad of mattresses of cellular rubber or plastics, when their volume decreased by -32.4% to 455K units. In general, total imports indicated mild growth from 2019 to 2022: its volume increased at an average annual rate of +1.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 47% against the previous year. Over the period under review, imports of hit record highs at 673K units in 2021, and then reduced markedly in the following year.

In value terms, imports of mattresses of cellular rubber or plastics declined significantly to $23M in 2022. The total import value increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of $30M, and then contracted significantly in the following year.

Import of Mattresses of Cellular Rubber or Plastics in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18.618.225.317.2-2.6%
Vietnam0.80.92.22.750.0%
Malaysia0.3N/A0.11.363.0%
Others2.63.52.11.8-11.5%
Total22.222.629.723.01.2%

Top Suppliers of Mattresses of Cellular Rubber or Plastics to Hong Kong SAR in 2022:

  1. China (356.4K units)
  2. Vietnam (52.1K units)
  3. Malaysia (30.6K units)

Exports of Mattresses of Cellular Rubber or Plastics in Hong Kong SAR

In 2022, approx. 21K units of mattresses of cellular rubber or plastics were exported from Hong Kong SAR; with a decrease of -68.1% on 2021. Over the period under review, exports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 124%. The exports peaked at 114K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of mattresses of cellular rubber or plastics dropped significantly to $1.4M in 2022. In general, exports showed a dramatic setback. The pace of growth was the most pronounced in 2021 when exports increased by 110% against the previous year. The exports peaked at $5M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Mattresses of Cellular Rubber or Plastics in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)19.72.11,603394171.4%
China3,1551,000901349-52.0%
Macao SAR22838074032913.0%
GermanyN/A38.7549191122.2%
Malaysia28.020.585.728.80.9%
United States1,22326.783.821.7-73.9%
Others333558289131-26.7%
Total4,9862,0264,2521,444-33.8%

Top Export Markets for Mattresses of Cellular Rubber or Plastics from Hong Kong SAR in 2022:

  1. China (11.2K units)
  2. Taiwan (Chinese) (4.9K units)
  3. Macao SAR (1.8K units)
  4. United States (1.1K units)
  5. Germany (0.8K units)
  6. Malaysia (0.7K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for mattresses of cellular rubber or plastics in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    • Hong Kong SAR

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Hong Kong SAR, China
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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